CVN 6.25% 17.0¢ carnarvon energy limited

Ann: TDO: WA/527- P Update (Amended), page-55

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  1. 3,493 Posts.
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    it was posted here... and i'm sure everyone here read it.

    re the "CVN hasn't made a profit" line... neither had FMG in it's formative years when it got the chinese in tob uild it's railway... and look at them now... i don't think we can take that line as a true reflection of CVN's worthiness as an investment.

    CVN at the moment is like getting in on the ground floor before the profits roll in... albeit in 3-5 years... this offers great capital growth opportunity with a probable income stream in a few years time... that's my opinion anyways.

    i hear what you're saying about the 10 minute trading window pre PS-3... but it's not like 40m shares were traded over 2 hours... so given it was a small window with low volume... why has that lost your confidence specifically?

    are you claiming foul play?
    incompetence?

    not having a go at all mate... i'm genuinely interested in your thoughts on it.

    furthermore, in hearing AC's latest interview, while it wasn't spelt out explicitly, i got the vibe that dorado and buffalo would be a simultaneous play... there will be a CR for dorado... and there probably will be a farm out for buffalo post next years well... i may be wrong, but i see them happening side by side... with as little dilution as possible... that's my take on it anyways.
 
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